Today marks a major win for Helium and The People’s Network! The SEC has agreed to dismiss its unregistered securities claims with prejudice. Helium Hotspots and the distribution of HNT, MOBILE, and IOT through the Helium Network are not securities. It also means that the SEC cannot bring these charges against Helium again.
With this chapter finally closed, Helium, DePIN, and crypto can now move forward with full confidence, accelerating real-world adoption and innovation in the industry.
Together, we’ll fight for a future where everyone and everything can connect freely—without the barriers of inflated costs or gatekeepers standing in the way.
Back to building 💪
@abhay I keep hearing how "Helium v3 is the way...", but I still wanna know why cutting core team, many of whom helped design this "people's network" is also the way...
Share your thoughts on HIP 123: Redefining IOT Data-Only Hotspot Onboarding and Assertion Fees
. Vote now, the deadline is 7/1/2024, 9:01:39 PM. https://t.co/sJR1k5SrqH
Back in 2020, IoTeX coined the term ‘MachineFi’ to describe the concept of connecting real world devices to blockchains.
Today, this concept has evolved into DePIN, where IoTeX continues to lay the groundwork.
Hear from Cofounder @Raullen in this interview on rise of DePIN and its future.
Update on @helium progress in the last 12 months and how this is more and more a great exemple of #BlockChain application in the real economy. Metrics are now really significants so it is a good time to illustrate this 🚀🚀 https://t.co/oiEYQBqVoc